Business

Capital Team's arm offers 5% concern in IT solid Mastek for Rs 475 crore Firm Information

.2 min went through Last Upgraded: Sep 04 2024|11:51 PM IST.Financial services business Resources Group on Wednesday marketed a 5.6 per cent risk in Mastek for over Rs 475 crore through free market deals while ICICI Prudential Investment fund grabbed a risk in the IT solutions firm.Los Angeles-headquartered Resources Group via its own partner EuroPacific Growth Fund unloaded 17,19,117 allotments, amounting to a 5.6 percent stake in Mastek Ltd, as per the majority offer records available on the BSE.The shares were actually dealt with at an ordinary rate of Rs 2,766.36 each, taking the deal value to Rs 475.57 crore.Patronus Tradetech also sold 217 portions of Mastek at Rs 2,845.23 per part.ICICI Prudential Investment Fund, Ghisallo Master Fund LP and also Patronus Tradetech LLP got an overall of 12.34 lakh portions of Mastek in the price range varying from Rs 2,751-2,767.51 each, taking the consolidated purchase market value to Rs 340.40 crore.Information of the purchasers of Mastek's reveals could not be actually identified.Reveals of Mastek dropped 4.67 per-cent to finish at Rs 2,769.70 apiece on the BSE.Last week, Mastek revealed a tactical partnership with Onyx Health and wellness, an innovator in health care interoperability services.The cooperation aims to expedite the adoption of FHIR (Quick Health Care Interoperability Funds) criteria, driving improved records interoperability and also much better wellness results for patients, the firm said.( Just the heading and also picture of this file might possess been remodelled due to the Service Requirement workers the remainder of the content is auto-generated from a syndicated feed.) First Released: Sep 04 2024|11:51 PM IST.